JPMorgan Sees ‘Significant Upside’ to Bitcoin — Replaces Real Estate With Crypto as ‘Preferred Alternative Asset’
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JPMorgan sees “significant upside” to the price of bitcoin. The global investment bank’s price target for the cryptocurrency is 28% above its current price. JPMorgan has also replaced real estate…
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JPMorgan thinks bitcoin is below its ‘fair price’ and now features among the bank’s preferred alternative investments. Banking giant JPMorgan said in a note Wednesday that bitcoin and... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to Source Author:…
JPMorgan Chase & Co. has warned that any upside for crypto markets from right here would seemingly be extra restricted. Basing their prediction on the connection between stablecoins and the... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…
A JPMorgan strategist said digital assets are the bank’s preferred alternative asset class while placing Bitcoin’s fair price value at 28% higher than its current price of about US$29,000. See... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] Go to…